Cobalt-rich materials have generally been recognized as the prevailing candidates of cathodes for low-temperature solid oxide fuel cells (LT-SOFCs, 400-600 °C). Regrettably, their instability and high cost are the major concerns for future commercialization. In response to these drawbacks, here, an A-sitedeficient low-cobalt-containing perovskite-type oxide, Ba 0.95 Fe 0.7 Co 0.2 Sc 0.1 O 3-δ (BFCS0.95), as an efficient bifunctional electrode with triple-conducting (H + |O 2− |e − ) nature for oxygen-ion conducting SOFCs (O-SOFCs) and proton conducting SOFCs (H-SOFCs) is proposed. BFCS0.95 electrode exhibits impressive versatility in catalyzing oxygen reduction reaction, i.e., ultralow area-specific resistances (0.072 Ω cm 2 for O-SOFCs and 0.4 Ω cm 2 for H-SOFCs at 550 °C, respectively), extraordinarily high power outputs (1092 mW cm −2 for O-SOFCs and 419 mW cm −2 for H-SOFCs at 550 °C, respectively), excellent long-term durability (>100 h for O-SOFCs and H-SOFCs at 600 °C), remarkable reversibility between pure air and CO 2 -containing air, and superior resistance against temperature fluctuations. The combined experimental and computational studies elucidate the roles of A-site deficient state and triple-conducting behavior, both of which are essential to overall electrochemical performance. Low-cobalt-containing feature also makes BFCS0.95 cathode economically competitive among all cobalt-containing analogues. Overall, the finding paves a highly efficient route to develop bifunctional electrodes for LT-SOFCs toward a sustainable energy future.